Foundation Names Chair
Dr. Dan DeLoach, a 1974 School of Medicine graduate and plastic surgeon in Savannah, Ga., has been named chair of the MCG Foundation, Inc., Board of Directors.
Dr. DeLoach also serves as vice chair of the Medical Association of Georgia Board of Directors and chairs the MAG Mutual Insurance Company Claims Committee. Other foundation officers are Dr. William Mayher, first vice chair; Dr. Murray Freedman, second vice chair; Dr. Lloyd Schnuck, treasurer; and Dr. Peter M. Payne, secretary.
Dr. DeLoach succeeds Dr. Cecil Whitaker, a retired physician from Columbus, Ga., who chaired the board since 2005. He will continue on the foundation as past chair of the board and chair of the Investment Committee.
The foundation’s assets grew from $131 million to $152 million during fiscal 2006-07. The value of its endowment grew from $106 million to $126 million, reflecting a 20.7 percent investment return. “Our donors can take pride in the financial strength of the foundation,” said MCG Foundation President and CEO James Osborne.